A dull week with no changes.  The only change was the out-performance. Mi50 is now ahead by 36.74% vs 34.55% last week for the Nifty and 32.99% vs 31.07% vs the CNX500.

The absolute gain for the FY stands at 44.63%.

The Drawdown is now at 3.59% down from a peak of 14.51% on 21 Nov 2016.

Some jitters are in the market given the new administration in the US and these may last this coming week. I expect the budget expectation will prevent us from collapsing below 8250. Lets wait for another 8 days patiently.

Happy Weekend!